Business Plan On Simulation Game Introduction This is a business plan introducing the effective steps essential to be include by an entrepreneuronthebaseofasimulationtodesigntheeffectiveoutcomesfromthe innovation. Company Description – We are “Live-Play” playing the fashion with the confortable brands, a fashion retail store of the branded fashion outfits for the man focusing to introduce the traditional touch of the royal class in the outfits available at our store. This royal touch in the wear is multipurpose as these outfits are suitable for the many routine activities like gym, gathering, and social meeting and in fact, these outfits are dutiable for the official and formal meetings. Our goal is to provide comfort in the wear that your wear on any occasion and our vision is to make the outfits classy, trendy, and comfortable for all class, all age and including the business professionals as well. Our name of the store reflects the dedication and idea that we need to deliver in form of our services to the customers from all age and all groups. Focusing the particular group may limit our idea of comfort for all hence our store has racks of outfits’ those are comfortable, trendy, classy, and suitable for all. Market Analysis We are the first and only store dealing the business of the outfits suitable with effective conform and fashionable trend. Our vision is to fame the branded cloths of Live-Play and make it the best and most reliable store to purchase the royal, trendy, and classy outfits. Our focused market segment includesthe youth college students, young professionalsand entrepreneurs importantly but we also focus to deliver the comfortable cloths to the aged and children as well. Our mission is to offer quality and quality effectively managed in the inventory of the stores. Free sizeclothes based in the structure of the people found in a region 1
Business Plan On Simulation Game with the aim to implement effective development ideas to enhance the market segmentation in the future. Management and Operation The business will based in the easy and mixture of the diversified cultural factors in the organization, staff will be trained to greet the customers in effective manner and they will focus to satisfy the needs of the customer every single customer enter in the store. Managers will guide the staff to handle the queries raised by the customers regarding the products and services. Store will open 7 days but employees will have minimum 4 rotational week offs and a sick or casual leave, shift for the staff will be for 9 and half hour including the lunch break in it. An effective code of the conducts and cross-cultural organizational atmosphere is planned to introduce that will focus the equal opportunities for the workers without any discrimination. Inventory managers will keep in touch with the suppliers and managers personal to manage the perfect size for the suits and outfits delivering the quality products. Current plan to manage thee inventory in the retail store is the storage and collection of the around 1200 t-shirts and 1000 pants, including the free size as well, effective channels of e- supplyandonlineordersdeliverytothecustomerisbasedonstafftocustomers’ communication basis. Tops and pants products facing the complaints about the sizes are in the focus are of the managers to get the proficient and effective solution to the issue raised about the products. Marketing Social media advertising in the social websites and commercial advertisements pop-ups on the windows screen of the user while using the internet is very effective and useful it is coasting around $3,004. Television advertising is also beneficial because it allows the users to get familiar with the availability of the retail stores facilitating the effective availability of fashion brands with comfort and riyal look. Commercial advertising on the public television 2
Business Plan On Simulation Game shows also leads the mouth marketing of the products because they directly affect the sensuous aspects of the human and these advertisements with effective editing and formatting can attract the loyal and trusted customers form the market. Aim behind the advertisement is related to make the customer worthy for the organization and permanent customers in the retail stores. Other effective advertising mean will be paper media include the newspapers because it is a common source of gathering the news in many communities and areas hence these three means will be the most beneficial means to advertise and communicate in the market about the availability of the fashion outfits. Projections Live-Play is imaging to strengthen its brand and positions in the highly competitive market with effective innovation in the outfits available for the youths. This quarter focus to manage three things in the effective manner to get the profitable output around $145-160 K in the next two years. These aspects are effective inventory management of the products, focus to resolve the customer complaints, and the last one is to use effective means of direct and indirect communication in form of adverting sign to make the fame of reliability for the products in the market to improve the quarter achievements for the next quarter in next two years. 3
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